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FAAC Shares N906.955bn Among FG, States, LGs For October

ABUJA – The Federation Account Allocation Committee (FAAC) has shared a total sum of N906.955 billion October 2023 federation account revenue among the Federal Government, states and local government councils. According to a statement by Bawa Mokwa, Director, Press and Public Relations, in the Office of the Accountant General of the Federation, a communique issued
Independent Newspaper Nigeria.

Senate Laments Cyber Threats To Digital Economy with $500m Annual Loss

The Senate Wednesday expressed concerns about annual loss of $500 million to various forms of cybercrime across the federation, warning that if the national cybersecurity programme was not effectively funded, the gains of digital economy would be defeated. Consequently, the upper chamber resolved to review and amend the Cybercrime (Prohibition and Prevention) Act, 2015 with
Independent Newspaper Nigeria.

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